BREAD FINANCIAL HOLDINGS, INC.


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"Products" offered by BREAD FINANCIAL HOLDINGS, INC. with at least one, but usually more complaints:

Bank account or service - Checking account
Bank account or service - Other bank product/service
Checking or savings account -
Checking or savings account - CD (Certificate of Deposit)
Checking or savings account - Checking account
Checking or savings account - Other banking product or service
Checking or savings account - Savings account
Consumer Loan - Installment loan
Consumer Loan - Personal line of credit
Credit card -
Credit card - General-purpose credit card or charge card
Credit card - Store credit card
Credit card or prepaid card - General-purpose credit card or charge card
Credit card or prepaid card - General-purpose prepaid card
Credit card or prepaid card - Gift card
Credit card or prepaid card - Payroll card
Credit card or prepaid card - Store credit card
Credit card or prepaid card - Student prepaid card
Credit reporting -
Credit reporting or other personal consumer reports - Credit reporting
Credit reporting or other personal consumer reports - Other personal consumer report
Credit reporting, credit repair services, or other personal consumer reports - Credit repair services
Credit reporting, credit repair services, or other personal consumer reports - Credit reporting
Credit reporting, credit repair services, or other personal consumer reports - Other personal consumer report
Debt collection - Auto debt
Debt collection - Credit card
Debt collection - Credit card debt
Debt collection - Federal student loan debt
Debt collection - I do not know
Debt collection - Medical
Debt collection - Medical debt
Debt collection - Mortgage
Debt collection - Mortgage debt
Debt collection - Other (i.e. phone, health club, etc.)
Debt collection - Other debt
Debt collection - Payday loan debt
Debt collection - Private student loan debt
Debt collection - Telecommunications debt
Debt or credit management - Credit repair services
Debt or credit management - Debt settlement
Money transfer, virtual currency, or money service - Check cashing service
Money transfer, virtual currency, or money service - Debt settlement
Money transfer, virtual currency, or money service - Domestic (US) money transfer
Money transfer, virtual currency, or money service - International money transfer
Money transfer, virtual currency, or money service - Mobile or digital wallet
Money transfer, virtual currency, or money service - Money order
Money transfer, virtual currency, or money service - Refund anticipation check
Money transfer, virtual currency, or money service - Virtual currency
Money transfers - Domestic (US) money transfer
Mortgage - Conventional home mortgage
Mortgage - Home equity loan or line of credit (HELOC)
Mortgage - Other type of mortgage
Other financial service - Credit repair
Payday loan -
Payday loan, title loan, or personal loan - Installment loan
Payday loan, title loan, or personal loan - Payday loan
Payday loan, title loan, or personal loan - Personal line of credit
Payday loan, title loan, or personal loan - Title loan
Payday loan, title loan, personal loan, or advance loan - Installment loan
Payday loan, title loan, personal loan, or advance loan - Personal line of credit
Prepaid card - Mobile wallet
Prepaid card - Other special purpose card
Student loan - Federal student loan servicing
Student loan - Private student loan
Vehicle loan or lease - Loan

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Complaint ID: 7083790

Date Received: 2023-06-07

Issue: Fees or interest

Subissue: Problem with fees

Consumer Complaint: In XX/XX/XXXX I received my statement from XXXX XXXX stating that they didn't receive my XXXX 's payment of {$82.00}. I immediately called and the XXXX representative said that because I was a good customer and had never been late, that she would waive the interest and late fee. The outstanding balance was immediately paid. Then in XX/XX/XXXX I received my statement and I was given a credit of the late fee of {$29.00} but then I was charged a {$40.00} late fee and some additional interest. I immediately called again and was told that they understood the error and would remove the fees and interest and I again made my payment. In XX/XX/XXXX I received my statement and was again charged late fee for the outstanding interest of {$4.00} which I was told would be removed. Every month I have called and sent letters and the late fees keep adding up until finally in XX/XX/XXXX, XXXX decided to charge off my account. I am horrified as I have never in my XXXX years ever paid a late fee or interest. I did have good credit but now XXXX has really hurt my credit score with the fabrication of late fees and unfair interest. I no longer shop at XXXX which is a shame because it was one of my favorite

Company Response:

State: FL

Zip: 32809

Submitted Via: Web

Date Sent: 2023-07-13

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7080430

Date Received: 2023-06-06

Issue: Improper use of your report

Subissue: Reporting company used your report improperly

Consumer Complaint: This account has been permanently deleted from XXXX

Company Response:

State: OH

Zip: 44111

Submitted Via: Web

Date Sent: 2023-06-06

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7080075

Date Received: 2023-06-06

Issue: Money was not available when promised

Subissue:

Consumer Complaint: Dear Sir/Madam : My name is XXXX. I opened several CDs and Savings accounts with Bread Saving. I even set direct deposit with Bread Savings. Recently My CD matured on XX/XX/2023. I need this money for my mortgage down payment. Because the down payment has cutoff date. I contact Bread Saving early. the first agent said <...... Please allow 1-3 business days processing time for funds to be sent to your external account ending in XXXX ... ... >. On maturity date XX/XX/2023, I called Bread Savings to inquire when I will receive my money. An agent said that they need a statement from my external bank account. I asked why the first agent didn't tell me this requirement and I this external bank account is already in my Bread Savings ACH transfer list ( and already successfully ACH transferring several times ). She insisted I must submit the external bank account statement. I did it in the same day. She promise me by sending me message < ... ... Your statement has been submitted for review. Please allow 3-5 business day for processing ... ... >. Today is XX/XX/2023, I still haven't received my money. I contacted them again, I got an answer < ... ... I do apologize for delayed process. Your pending review for statements were approved this morning and funds are in process to your Financial Institution within 3-5 business days ... ... .>. I am really upset. The worst thing is I missed the Cutoff date the mortgage company set for me. How can a bank hold my money for 2 weeks when it matures. Thanks. XXXX

Company Response:

State: PA

Zip: 15216

Submitted Via: Web

Date Sent: 2023-07-14

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7079910

Date Received: 2023-06-06

Issue: Getting a credit card

Subissue: Card opened as result of identity theft or fraud

Consumer Complaint: On approximately XXXX XX/XX/20 I noticed that I was being charged {$21.00} by comenity bank XXXX XXXX I called the company and spoke to a representative and they told me I was being charge by XXXX to a credit card that was closed. Comenity then open that XXXX without my permission. I have an XXXX credit card link to my XXXX XXXX so I know that couldnt be the case. The representative told me that she will use a {$30.00} reward to cover that balance and I asked to closed that account. Then I received another letter stating that I still owe that amount and with late fees, the amount went up to XXXX. I never authorized comenity to open that account in the first place.

Company Response:

State: FL

Zip: 34652

Submitted Via: Web

Date Sent: 2023-06-06

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7078746

Date Received: 2023-06-06

Issue: Attempts to collect debt not owed

Subissue: Debt was paid

Consumer Complaint: I paid a debt to Commenity Capital XXXX for {$2300.00}. They were supposed to settle the debt that I owed, however rhey never reported it to the credit bureau, accepted my payment and carried on. It's been a year and it's still on my credit report. After contacting them, they told me I owed them still and stonewalled me saying I never paid. I have bank statements proving I paid.

Company Response:

State: NY

Zip: 147XX

Submitted Via: Web

Date Sent: 2023-06-06

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7078075

Date Received: 2023-06-06

Issue: Attempts to collect debt not owed

Subissue: Debt is not yours

Consumer Complaint: Commenity Capital is trying to collect on a debt that I supposedly owe that is not mine. This debt is in the name of XXXX XXXX. My name is XXXX XXXX. I have contacted them on numerous occaisions via certified letter regarding this and they refuse to remove the bad debt from my credit reports. I've contact the credit bureaus and 1 out of 3 have removed this error but the other two so far have not. I have also contact the credit bureaus on numerous occaisions by certified letters. The debt in question is this Account : # XXXX Date Opened : XX/XX/XXXX Date Updated : XX/XX/XXXX Orginal Charge Off : {$2200.00} Credit Limit : {$2100.00} Pay Status : Sold, ChargeOff This debt is showing up on my credit reports, specifically XXXX and XXXX, XXXX removed it, and this has definately hindered my ability to get credit or apply for credit. In fact it has also caused me emotional harm. Being denied for credit because of someone else 's debt on your credit reports is simply awful! Also, this is a HIPAA Violation. To share someone's medical information with other people, or third parties like myself and the credit bureaus is definitely a legal matter and something I am looking into as I write this. My request is for Commenity Capital to remove all of these bad debt entries from every single one of my credit reports including, XXXX, XXXX XXXX, XXXX and all the others. I don't know how far this has gone but it has tainted my reputation and reduced my credit score by well over XXXX points maybe more! Police Report filed with this complaint

Company Response:

State: CA

Zip: 92262

Submitted Via: Web

Date Sent: 2023-06-06

Company Response to Consumer: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7076783

Date Received: 2023-06-07

Issue: Incorrect information on your report

Subissue: Information belongs to someone else

Consumer Complaint: On XX/XX/2023 I received a Hard Inquiry with XXXX from Comenity Bank/Arhaus . I called the bank and they stated that there was an application put in for a credit card with Arhaus Furniture. I advised them that this was fraud and I needed it reported. They reported it as fraud and canceled the application.

Company Response:

State: OR

Zip: 97478

Submitted Via: Web

Date Sent: 2023-06-07

Company Response to Consumer: Closed with non-monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7075420

Date Received: 2023-06-06

Issue: Problem when making payments

Subissue: Problem during payment process

Consumer Complaint: The automatic scheduled payment feature is failing after setup and is being removed by the bank system automatically resulting is late payment fees to account holder ( me ). I have setup auto payment 4 times in the past and the same thing happens each time. The credit company in this case is comenity bank and are not able to resolve this issue and are not able to re fund the {$30.00} late payment fees. Their technical teams have not been able to resolve this issue and is causing financial loss and frustrating experience to the account holder. I want CFPB to review this case and take appropriate action.

Company Response:

State: TX

Zip: 78641

Submitted Via: Web

Date Sent: 2023-06-06

Company Response to Consumer: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7074656

Date Received: 2023-06-05

Issue: Improper use of your report

Subissue: Credit inquiries on your report that you don't recognize

Consumer Complaint: Hard inquiry notifications on my credit report. on XX/XX/2023, I received several notifications via email from XXXX for hard inquiries on my credit report. I logged in to XXXX to see what hard inquiry I had and didn't initiate any of the 4. 1 was XXXX- XXXX XXXX was XXXX XXXX with no contact company information. 1 was XXXX XXXX XXXX 1 was XXXX XXXX XXXX XXXX

Company Response:

State: TX

Zip: 765XX

Submitted Via: Web

Date Sent: 2023-06-05

Company Response to Consumer: Closed with non-monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Complaint ID: 7074495

Date Received: 2023-06-05

Issue: Getting a line of credit

Subissue:

Consumer Complaint: I received letters in the mail for credit cards I have never applied for. I have never in my life applied for a credit card. And I think I know who's doing it, because this person is already had several fraudulent cases pending against them. I have no idea how many or even if it's just limited to personal credit. On XX/XX/XXXX by a bank called comenity capital bank

Company Response:

State: VA

Zip: 23503

Submitted Via: Web

Date Sent: 2023-06-05

Company Response to Consumer: Closed with non-monetary relief

Timely Response: Yes

Consumer Disputed: N/A


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Select another page to read more about how -real people- receive -real harm- from these banks, credit bureaus, and others.